Hudson Way Capital Management LLC increased its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 25.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,212,308 shares of the technology company’s stock after purchasing an additional 247,275 shares during the quarter. SS&C Technologies makes up 9.1% of Hudson Way Capital Management LLC’s portfolio, making the stock its 3rd biggest position. Hudson Way Capital Management LLC owned 0.50% of SS&C Technologies worth $107,604,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Caldwell Trust Co bought a new stake in shares of SS&C Technologies during the second quarter worth approximately $27,000. Quent Capital LLC acquired a new position in shares of SS&C Technologies in the 3rd quarter valued at $39,000. Cornerstone Planning Group LLC boosted its position in shares of SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after purchasing an additional 416 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in shares of SS&C Technologies during the second quarter worth $40,000. Finally, Root Financial Partners LLC bought a new stake in SS&C Technologies in the third quarter valued at about $42,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
SSNC has been the topic of several recent analyst reports. Needham & Company LLC reduced their price objective on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. DA Davidson reissued a “buy” rating and issued a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. Wall Street Zen downgraded SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $101.00.
SS&C Technologies Trading Up 0.4%
Shares of NASDAQ:SSNC opened at $71.82 on Monday. The company’s 50-day moving average price is $78.59 and its two-hundred day moving average price is $83.52. SS&C Technologies Holdings, Inc. has a one year low of $69.00 and a one year high of $91.07. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $17.35 billion, a PE ratio of 22.73 and a beta of 1.18.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.07. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.58 EPS. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. On average, equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.
SS&C Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s payout ratio is presently 34.18%.
SS&C Technologies Company Profile
SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.
SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.
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